NAICS 525910: Open
This industry comprises legal entities (i.e., open-end investment funds) organized to pool assets that consist of securities or other financial instruments.  Shares in these pools are offered to the public in an initial offering with additional shares offered continuously and perpetually and redeemed at a specific price determined by the net asset value.

Illustrative Examples:

Investment funds, open-ended
Money market mutual funds, open-ended


ExioML sector: Financial intermediation services, except insurance and pension funding services (65)
Region: US | Year: 2022
Sector value added: 513913.698347 M EUR | Employment: 4156.5058422 thousand persons
Sector GHG emissions: 6216615088.58 kg CO2 eq | Energy carrier net total: 178921.216966 TJ | Carbon intensity: 0.0120966129304895

Company: Putnam Investments LLC
Putnam Investments, LLC operates as an investment management firm. The Company offers portfolio management, financial planning, and investment advisory services, as well as renders investment services across a range of equity, fixed income, absolute return, and alternative strategies.